Business
China Continues to be the Number 1 Choice for Business Investors

For the year of 2018, China was ranked the world’s second-largest FDI recipient after the United States and before Hong Kong. China’s economy was ranked at the second place for attracting multinational companies for 2017-2019. FDI inflows have shown an increased growth between 2016 and 2017 from $133 billion to $136 billion. The growth in China’s investment is favored and developed by liberalization plans and rapid development of the high tech sector for establishing free trade zones.
FDI is the plan of China for aiming to create a better business environment and structure of investment in the country. A large number of business investors are trusting in China’s companies to make a profit for both ends. The government efforts are also aiding to achieve a better geographical spread of investment in Central China to increase FDI investments.
Chinese Ministry of Commerce released a statement in early 2018. It shows that almost 35.652 foreign-funded companies have set up their China funds in the last year, an increase of 27.8% from 2016. FDI stocks in China reached USD 1,490,933 billion in 2017. According to the World Bank, China was ranked 46th out of 190 countries, which is a major improvement from 2018. The country has improved the business regulatory environment over a period of a few years. Despite the US-China trade war, a large number of business investors are showing their interest in Chinese companies.
Not only US investors are helping to increase the China fund, but a large number of business investors are contracting with Chinese companies to make a huge profit. Electronic product manufacturing company, Samsung is going to invest $7.2 billion to expand its product line of memory chips in Xi’an. In 2016, Apple made one billion dollar funding deal with Chinese company Didi Chuxing and in 2017 Japan’s Soft Bank contributed to a $5.5 billion funding with Didi Chuxing as well.
Business
Mega Construction Projects That Relied on Advanced Crane Technology

When it comes to large-scale construction projects, the right equipment can make all the difference. From towering skyscrapers to massive bridges and complex infrastructure developments, cranes play a crucial role in lifting, transporting, and positioning heavy materials with precision and efficiency. As technology has advanced, so too has crane engineering, allowing for safer and more ambitious builds. In the points below, we take a closer look at some of the world’s most impressive mega construction projects that relied on cutting-edge crane technology to bring them to life.
Burj Khalifa – Dubai, UAE
Standing at a staggering 828 metres, the Burj Khalifa remains the tallest building in the world. Constructing such a colossal structure required cranes that could operate at extreme heights. Specialised luffing-jib tower cranes were employed to lift materials hundreds of metres into the air, battling high winds and desert heat. These cranes were anchored to the structure itself as it rose, ensuring stability and precision throughout the build.
Sydney Metro – Australia
As Australia’s largest public transport infrastructure project, the Sydney Metro has transformed the way people move around the city. The project required massive tunnel boring machines (TBMs) to carve underground routes, but just as critical were the cranes used to transport and position enormous precast concrete segments. Mobile and crawler cranes with advanced hydraulic systems played a key role in assembling stations and track infrastructure with minimal disruption to existing road networks.
Hong Kong-Zhuhai-Macau Bridge – China
This engineering marvel, stretching 55 kilometres across the Pearl River Delta, is one of the longest sea crossings ever built. Given its scale, floating cranes with immense lifting capacity were used to position pre-fabricated bridge sections. Some of these cranes had lifting capabilities exceeding 3000 tonnes, demonstrating the sheer power and precision required for such a complex marine project.
The Panama Canal Expansion – Panama
The expansion of the Panama Canal was one of the most ambitious infrastructure projects in recent history, involving the construction of massive new lock chambers. Gigantic gantry cranes were used to install the enormous steel lock gates, some weighing over 3000 tonnes. These cranes had to operate with pinpoint accuracy to ensure the seamless functioning of the canal’s new locks, allowing for the passage of larger vessels.
Hinkley Point C Nuclear Power Station – UK
The construction of this next-generation nuclear power plant has required some of the world’s most advanced heavy-lift cranes. The site features one of the largest land-based cranes in the world, capable of lifting reactor components that weigh hundreds of tonnes. These high-tech cranes have been crucial in ensuring the safe and efficient assembly of the plant’s intricate infrastructure.
The Role of Advanced Crane Technology in Modern Construction
Each of these projects would have been impossible without the evolution of crane technology. Innovations such as digital load monitoring, autonomous operation, and enhanced safety systems have allowed cranes to handle heavier loads with greater precision than ever before. For companies tackling complex construction projects, working with an experienced crane hire provider is essential. Businesses like Sventek Cranes offer cutting-edge crane solutions, ensuring that even the most ambitious projects can be completed safely and efficiently.
Mega construction projects continue to push the limits of engineering and design, and advanced crane technology remains at the heart of these achievements
Whether it’s lifting components for a record-breaking skyscraper or positioning bridge segments over open water, cranes will always be an integral part of building the world’s most remarkable structures. By leveraging state-of-the-art crane systems, today’s construction industry is making the impossible possible – one lift at a time.
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